European Factors to Watch-Shares seen recovering slightly after sell-off

LONDON Aug 25 (Reuters) - European shares were seen opening higher on
Tuesday to recover slightly from a sharp sell-off in the previous session that
led to nearly 450 billion euros ($519.89 billion) wiped off the region's top
shares.

Financial spreadbetters expected Britain's FTSE 100 to open up by
61-66 points, or 1-1.1 percent higher. Germany's DAX was seen opening
up by 212-232 points, or 2.2-2.4 percent higher, while France's CAC futures
were marked up in early trade.

The FTSE and DAX had both fallen 4.7 percent on Monday, while the
pan-European FTSEurofirst 300 index slumped 5.4 percent, with roughly
450 billion euros wiped off the total market capitalisation of the FTSEurofirst
in its worst daily closing performance since November 2008.

World financial markets have been rattled in recent weeks by China's
devaluation of its yuan currency and by a sell-off in the Chinese stock market.

Chinese shares slumped again on Tuesday, but other Asian stock markets
recovered ground.

The leaders of Germany and France also voiced confidence on Monday that
China would take the necessary steps to stabilise its economy.